Lord Ravensdale: My Lords, I declare an interest as an engineer in the nuclear industry. New nuclear and a reset of the strategy for achieving it is critical to zero carbon by 2050, being the only mature option for a zero-carbon baseload on non-variable power. Can the Minister provide some assurance that the Government will maintain their focus on new nuclear initiatives such as investment in small modular reactors and a regulated asset-based funding model to enable new nuclear beyond Hinkley to move forward?